C

Cisco

Makes networking gear and security software

Controller

Full-TimePosted on 10/26/2026Deadline 10/29/26
$158.7k - $269k+ Annual bonus + Restricted stock units
Senior, Expert
Bachelor's
San Jose, CA, USA
HybridHybrid work model generally requires two in-office days each week; limited exceptions.
AccountingFinancial Accounting

About the job

Requirements
  • A bachelor's degree or equivalent experience in Accounting or Finance.
  • At least 7 years of progressive accounting experience, including significant experience in public accounting, such as National Office or Accounting Advisory roles, and/or technical accounting roles at a large public company.
  • An active Certified Public Accountant license.
  • Deep knowledge of U.S. generally accepted accounting principles and Securities and Exchange Commission reporting requirements, with demonstrated experience authoring and reviewing technical accounting memoranda.
  • Ability to translate complex accounting guidance into clear, practical recommendations for non-accounting audiences.
  • Strong written and verbal communication skills, executive presence, and comfort presenting to senior leadership and external auditors.
  • Ability to lead collaboratively, exercise sound judgment, navigate ambiguity, and integrate information from multiple sources.
Responsibilities
  • Research, analyze, and document accounting conclusions for complex and non-routine transactions, including revenue recognition (ASC 606), business combinations and divestitures (ASC 805), leases (ASC 842), consolidation (ASC 810), financial instruments, derivatives and hedging (ASC 815), debt and equity, stock-based compensation (ASC 718), and impairments.
  • Prepare and review technical accounting memoranda and position papers supporting significant judgments and estimates, and present conclusions to senior leadership.
  • Own the global accounting policy manual; draft, update, and communicate accounting policies and ensure consistent application across regions and business units.
  • Monitor the Financial Accounting Standards Board, Securities and Exchange Commission, and International Accounting Standards Board standard-setting agendas; assess the impact of new and proposed accounting standards and lead adoption and implementation efforts.
  • Partner with Corporate Development, Legal, Treasury, and Tax early in the deal cycle to evaluate the accounting implications of mergers and acquisitions, strategic investments, financing transactions, and other strategic initiatives, including reviewing contract terms before execution.
  • Provide accounting training and guidance to finance and business partners, and champion the use of automation and artificial intelligence tools to scale accounting research and policy governance.

About the company

Cisco makes the switches and routers that connect offices, data centers, and cloud services, and it also sells cybersecurity tools and Webex video meetings to businesses and governments. It was one of the first companies to sell routers that let different kinds of computer networks exchange data, and in 2000 it briefly became the world's most valuable company. Customers run its network gear, from Wi-Fi access points to AI data center systems, with Cisco software that sets up and secures the network, while its Splunk unit searches computer logs to catch outages and attacks. Cisco earns money from hardware sales, software subscriptions, and support contracts. It was founded in 1984 and is based in San Jose, California.

Company Size

10,001+

Company Stage

IPO

Headquarters

San Jose, California

Founded

1984

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Simplify Jobs

Simplify's Take

What believers are saying

  • Cloud giants fuel growth: they ordered $9.3 billion of Cisco's AI gear in the year to July 2026, up 4.5-fold.
  • Stock awards gained value: Cisco shares rose 63% in the year to October 2026, four times the S&P 500's 15%.
  • Signed deals steady the business: Cisco had $46.7 billion of contracted sales still to deliver in July 2026, up 7%.

What critics are saying

  • Record sales didn't stop layoffs: Cisco cut nearly 4,000 jobs, just under 5% of staff, in May 2026.
  • Rivals lead in data center switches: in the June 2026 quarter, Nvidia held 20.4%, Arista 18.7% and Cisco 18.2%.
  • Hardware-heavy AI growth squeezes profit: Cisco's gross margin fell to 66.3% from 68.4% in the July 2026 quarter.

What makes Cisco unique

  • Cisco still sells the most network switches: it took 28.7% of worldwide switch sales in the June 2026 quarter.
  • Cisco designs its own networking chips: Microsoft and Alibaba signed on early for its Silicon One P200, launched October 2025.
  • Cisco trains future network engineers: its Networking Academy has taught over 28 million learners in 195 countries since 1997.

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Benefits

  • Paid Vacation
  • Hybrid Work Options
  • Flexible Work Hours
  • Professional Development Budget

Growth & Insights and Company News

6 month growth

-1%

1 year growth

0%

2 year growth

0%
Yahoo Finance
Oct 27th, 2026
IBM, Digital Realty and Cisco offer AI growth with dividend yields of up to 2.9%

Three tech companies offer dividends well above the S&P 500 average of 1.1% while benefiting from artificial intelligence (AI) demand, according to The Motley Fool. IBM pays $6.76 per share yearly, a 2.7% yield, and has raised it for 31 straight years. It generated over $15 billion in free cash flow against $6.3 billion in dividends, though third-quarter revenue of $17 billion rose only 5%. Digital Realty Trust, a data centre operator, pays $4.88 per share, a 2.9% yield. Revenue in the first half of 2026 rose 29% to $1.9 billion. Cisco pays $1.68 per share, a 1.6% yield. Fiscal fourth-quarter revenue of $17 billion rose 18%, and the stock is up nearly 50% over the past year.

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Oct 26th, 2026
Presidio integrates Cisco IQ with Presidio Advisor for AI-powered lifecycle management

Presidio, a global digital services and AI solutions provider, has integrated Cisco IQ with its Presidio Advisor platform. The move combines Cisco's AI-powered operational intelligence with Presidio's multi-vendor approach to IT lifecycle management. It was announced on October 26, 2026. Using new Cisco IQ open APIs and Role-Based Access Control (RBAC), Presidio Advisor pulls real-time Cisco telemetry, lifecycle milestones, and support data into its platform. This removes manual data extraction. Presidio Advisor merges customer, reseller, and manufacturer data into a single source of truth. Configurable business rules help organisations spot risk, anticipate renewals, forecast spend, and plan technology refreshes. "Our clients are not looking for another asset-management tool," said Kevin Corace, senior vice president, Software and Services Lifecycle, at Presidio. They want a unified view that turns data into action.

PR Newswire
Oct 20th, 2026
Splunk report: 55% of firms can't control AI costs as agents outpace monitoring

Cisco released its Splunk State of Observability 2026 report on October 20, 2026, finding that the rush to deploy AI agents is outpacing the ability to monitor them. The survey covered 2,050 IT operations and engineering professionals across 10 countries. Some 87% say monitoring AI is a priority, yet 56% cannot measure AI workload metrics such as large language model response quality. Also, 55% say they cannot control AI costs, and 60% say unexpected billing spikes strain operations more than high baseline costs. Security collaboration is growing: 81% say monitoring AI has increased cooperation between observability and security teams. Among leading organizations, 91% can accurately attribute AI costs, against 69% of non-leaders.

Yahoo Finance
Oct 15th, 2026
Cisco and NVIDIA back 400G USFP optical standard to quadruple AI data centre bandwidth density

Cisco Systems and NVIDIA have announced a collaboration to bring 400G optical technology to AI data centres. The partners plan to commercialise a new ultra small form factor pluggable (USFP) standard designed to quadruple bandwidth density. The companies aim to build an open hardware ecosystem with other optical and networking vendors, including TE Connectivity and Amphenol, to support large AI workloads. The move targets the wiring bottleneck that could cap AI infrastructure spending. Cisco, which has a market capitalisation of about $453.7b, faces competition from Arista and Juniper in AI networking, and analysts flag hardware mix and memory costs as a margin risk.

Yahoo Finance
Oct 14th, 2026
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With the Buffett indicator near 237%, a Simply Wall St screen points to three large companies it considers high-quality value stocks: Cisco Systems, General Mills, and Coca-Cola. Cisco generates about $63.3 billion from networking products and has a market value of roughly $454.7 billion. Its AI infrastructure orders outlook for fiscal 2026 has risen to about $9 billion, driven by demand from cloud providers. General Mills has a market value near $17.5 billion, with $10.4 billion of sales from North America Retail. It plans $750 million of cost savings in fiscal 2027 as part of a $3 billion programme through fiscal 2030. Coca-Cola generates about $50.1 billion from nonalcoholic drinks and is valued near $386.3 billion. Its zero-sugar variants grew by double digits. The screen found 28 more companies with similar traits.